🚀 On November 15, the Thala protocol on the Aptos blockchain suffered a serious hack. The hacker made off with $25.5 million in digital assets, exploiting a vulnerability in the v1 smart contract. However, the developers quickly took control of the situation: they paused the protocol, froze the assets, and even identified the hacker. 💼
🛠 With the help of law enforcement and on-chain detectives Seal 911 and Ogle, the Thala team conducted lightning-fast negotiations. The result? The hacker agreed to return the stolen funds for a reward of $300,000! 😱 This happened just 6 hours after the hack.
💬 "The positions of all users have been fully restored. No additional actions are required from them," assure the developers.
⚡ The v1 smart contract was immediately disabled, and access to the Thala frontend was restored. The identity of the hacker remains a mystery, but the incident served as a great lesson for the entire DeFi industry about the importance of security.
🌐 Incidents like this remind us how thin the line between risk and trust is in the world of cryptocurrencies. #DeFi #Aptos #CyberSecurity
💡 What do you think about such "rewards" for hackers? Do they help recover stolen funds or are they a dead end? Share your thoughts in the comments! 👇
